Sentence examples for the reference prices from inspiring English sources
The reference prices for commodities that it uses to measure handouts to producers date from 1986-88, whash has the effect of exaggerating India's protectionism.
Rich countries are loth to update the reference prices, lest it open the floodgates for all sorts of other quibbles.But India could do some things to help itself.
"It was one of those well kept secrets, but the regulator was asleep, the Bank of England didn't care and…[the banks participating were] happy with the reference prices".
More significantly, the House also offers farmers a price protection scheme in which they are paid whenever market prices dip below legally established reference rates.Since the reference prices are all below, in some cases far below, current prices, this difference might not seem to matter much.
Under the EEG 2014, in contrast, the management premium is implicit in the reference prices.
As a result of the sharp cuts in the reference prices for bioenergy in the EEG 2014, the recently introduced extended flexibilisation requirements for biogas plants are likely to be relevant for only a small number of new installations.
The market power of reference pricing stems from the fact that the third-party payer covers only a low-priced version of the good or service in question – the "reference price," leaving the recipient buying from a higher-priced vendor to pay out of pocket the entire difference between that higher price and the reference price.
In the Netherlands, infliximab is not included in the reference pricing scheme as it is a hospital-based product.
Consequently, if on-patent brand-name drugs were pitted against generic drugs under reference pricing, the prices of on-patent drugs would inevitably collapse to the reference price.
We show that the differences in the Reference Price algorithm between Milan and Paris have a significant effect: the CA attracts greater volumes when the Reference Price is equated to the CA price.
This paper examines the effects of the reference pricing program implemented by the California Public Employees Retirement System (CalPERS) in 2012.
